Brazil

• Tuesday, March 9th 2010 - 07:39 UTC

  Brazil implements sardine conservation awareness program

  

  Sardine has long been a staple food for many Brazilian families and 100.000 tons were unloaded in Brazilian ports during 2009, mostly in the states of Rio do Janeiro, Santa Catarina and Sao Paulo. However there are growing risks of over-fishing and an awareness plan has been implemented.

• Tuesday, March 9th 2010 - 07:32 UTC

  Brazil/US WTO cotton retaliatory dispute takes off

  

  Brazil announced Monday it would levy a total of 591 million US dollars in retaliatory tariffs on US goods under a ruling against US cotton subsidies granted by a World Trade Organization last year. However Brazil also sent a conciliatory message.

• Monday, March 8th 2010 - 07:44 UTC

  Brazil cutting liquidity but preparing plan to promote exports

  

  Brazil is preparing a package of incentive but this time to promote exports which suffered significantly last year because of the global slowdown, announced Finance minister Guido Mantega in an inteview with Folha de Sao Paulo.

• Saturday, March 6th 2010 - 11:45 UTC

  Brazil approaching the moment interest rates can only be increased

  

  Brazilian annual inflation rose above government target (4.5%) levels for a second consecutive month in February reaching 4.83%, up from 4.59% in January, Brazilian Census and Geography Bureau, or IBGE, said Friday.

• Friday, March 5th 2010 - 06:38 UTC

  Dilma riding on Lula da Silva’s popularity but “won’t be enough”

  

  Former Brazilian President Fernando Henrique Cardoso said that while President Lula da Silva is “unbeatable” today, his popularity won’t be enough to elect his chosen heir, cabinet chief Dilma Rousseff (62).

• Thursday, March 4th 2010 - 21:24 UTC

  US and Brazil agree Venezuela “should be looking more to the south”

  

  The United States and Brazil agreed that Venezuela should be “looking more to the south”, to “successful models of country”, according to US Secretary of State Hillary Clinton and that is why “we have invited Venezuela to join Mercosur”, pointed out Brazilian Foreign Secretary Celso Amorim.

• Thursday, March 4th 2010 - 21:10 UTC

  Cruise along Brazilian coast suffers alleged massive food poisoning

  

  Royal Caribbean’s Vision of the Seas was liberated and allowed to continue with the cruise after Brazilian sanitary officials imposed a 24 hours quarantine following a massive outbreak of what is believed to be food poisoning.

• Thursday, March 4th 2010 - 04:21 UTC

  Brazil tells Washington “not to push Iran into a corner”

  

  Brazil and the US could not agree Wednesday over how to rein in Tehran's suspect nuclear ambitions and Brazilian President Lula da Silva warned the world not to “push Iran into a corner.”

• Saturday, February 27th 2010 - 08:18 UTC

  Petrobras announces two discoveries with 65 million barrels potential

  

  Brazilian government managed energy firm Petrobras announced this week it had made two separate discoveries of oil in the Campos Basin near Brazil's coast with recoverable reserves of 40 million and 25 million barrels.

• Saturday, February 27th 2010 - 08:16 UTC

  Brazilian central bank prepares to withdraw stimulus measures and liquidity

  

  The Brazilian Central bank’s decision to raise reserve requirements this week will have an impact on monetary policy, admitted the bank’s governor Henrique Meirelles in an interview with the financial publication Valor Economico.